The UK government has declared a major offensive against corruption, unveiling a new strategy that specifically targets the misuse of crypto-assets and luxury property to launder illicit wealth. Announced by Deputy Prime Minister David Lammy, the plan aims to close financial crime loopholes, strengthen enforcement, and position the UK as a global leader in the fight against dirty money, which is estimated to see over $133 billion laundered through the country annually.
about UK Unveils Anti-Corruption Strategy Targeting Crypto & Dirty MoneyPutin
0 posts last weekBank Fears, Trump-Putin Talks Rattle Global Markets
Global markets faced renewed pressure as concerns over US regional banks’ credit health sparked a flight to safety. Meanwhile, European defense stocks slumped following Donald Trump’s announcement of another meeting with Vladimir Putin to discuss ending the Ukraine war, creating a perfect storm of financial and geopolitical uncertainty that rattled investors at the end of a volatile trading week.
about Bank Fears, Trump-Putin Talks Rattle Global MarketsPutin Aims for Russian Growth Above Global Average
Russian President Vladimir Putin has declared an ambitious economic agenda, calling for Russia’s economy to outpace global growth while maintaining financial stability and controlling inflation. His remarks come amid slowing economic expansion, ongoing international sanctions, and pointed criticism from former US President Donald Trump, creating a complex backdrop for Russia’s economic ambitions.
about Putin Aims for Russian Growth Above Global AverageTrump Seeks Trilateral Meeting to End Ukraine War
US President Donald Trump announced plans for a potential trilateral meeting with Russian President Vladimir Putin and Ukrainian President Volodymyr Zelenskiy during Zelenskiy’s visit to the White House. Trump suggested such talks could lead to a resolution of the ongoing conflict in Ukraine. The meeting contrasted sharply with their February encounter, which had resulted in a public dispute and a temporary halt in US military aid. Bloomberg’s Mario Parker provided further insights on the developments.
about Trump Seeks Trilateral Meeting to End Ukraine WarBitcoin Holds Steady as Altcoins Tumble Post Trump-Putin Meet
Bitcoin’s price remained relatively stable around $117,500 despite the anticipated volatility from the Trump-Putin meeting, while altcoins, led by Ethereum, saw sharp declines. Ethereum dropped below $4,500 after a 5% daily decline, moving further from its 2021 all-time high. Bitcoin had an eventful week, reaching a new all-time high of $124,500 before retreating due to hotter-than-expected US PPI data. The total crypto market cap fell by $80 billion overnight to $4.050 trillion, with Bitcoin’s dominance over altcoins nearing 58%. Other major altcoins like SOL, LINK, and AVAX also saw declines ranging from 3-7%, with MNT being the only notable exception, surging by over 10%.
about Bitcoin Holds Steady as Altcoins Tumble Post Trump-Putin MeetTrump-Putin Summit in Alaska: Key Insights & Market Impact
The latest episode of Bloomberg Businessweek Daily covers the highly anticipated Trump-Putin summit in Alaska, marking their first meeting in seven years. Analysts, including Columbia University’s Elise Giuliano, discuss the leaders’ divergent summit objectives, while Telsey Advisory Group’s Dana Telsey examines how tariffs are affecting Tapestry’s profit outlook. Bloomberg’s Annmarie Hordern provides on-the-ground insights from Alaska, and Joe Mathieu and Derek Wallbank preview the summit’s broader implications.
about Trump-Putin Summit in Alaska: Key Insights & Market ImpactPolymarket Traders Bet on Trump-Putin Meeting Outcomes
Polymarket traders are actively speculating on the likelihood of certain phrases being used during the Trump-Putin meeting, with nearly $200,000 in total volume across various terms. High-probability bets include mentions of ‘Zelensky’ (88%) and ‘NATO/BRICS’ (68%), while ‘crypto’ or ‘Bitcoin’ has only a 3% chance. The meeting, the first in-person between the two leaders since 2019, is being closely watched for potential impacts on energy and crypto markets. Polymarket’s prediction markets serve as a real-time sentiment gauge, with traders dynamically adjusting probabilities based on developments. The event’s outcome could trigger reactions in oil futures and cryptocurrencies, though traders don’t expect crypto to feature prominently in Trump’s remarks.
about Polymarket Traders Bet on Trump-Putin Meeting OutcomesTrump-Putin Talks & US Producer Prices Surge
Today’s Bloomberg Businessweek Daily covers key financial and geopolitical developments, including President Trump’s anticipated meeting with Russian President Putin and his optimistic outlook on Ukraine peace talks. The episode also highlights a significant rise in US producer prices, marking the highest increase in three years, with insights from Bloomberg analysts. Additionally, New Zealand’s Finance Minister discusses trade dialogue prospects with the US, while Axis Capital’s CEO outlines the company’s strategic shift toward cyber insurance.
about Trump-Putin Talks & US Producer Prices SurgeBitcoin Plummets Below $118K as Liquidations Near $1B
Bitcoin’s price took a dramatic nosedive, falling from over $121,000 to under $118,000 in minutes, erasing recent gains after hitting a new all-time high of $124,500. Altcoins suffered even steeper losses, with ETH, XRP, SOL, DOGE, and ADA dropping 2-3% in an hour. Despite bullish geopolitical news hinting at potential peace talks between Russia and Ukraine, the market saw over $930 million in liquidations in 24 hours, with $460 million occurring in just a few hours. Over 207,000 traders faced liquidations, signaling extreme volatility and over-leveraged positions.
about Bitcoin Plummets Below $118K as Liquidations Near $1BPutin and Trump to Hold Summit Amid Ukraine War Talks
The Kremlin confirmed that Russian President Vladimir Putin and former US President Donald Trump will hold summit talks in the coming days, with preparations underway for the meeting. The announcement follows a lengthy discussion between Putin and Trump’s envoy, Steve Witkoff, regarding the ongoing conflict in Ukraine. While the exact location remains undisclosed, the summit signals a potential diplomatic shift amid heightened tensions. The meeting will be closely watched as global leaders, including Goldman Sachs’ Jari Stehn and Zurich Insurance CEO Mario Greco, weigh in on geopolitical and economic implications.
about Putin and Trump to Hold Summit Amid Ukraine War TalksRussia Tightens Crypto Mining Regulations to Curb Tax Evasion
Russian authorities are intensifying oversight of cryptocurrency mining to prevent tax evasion and improper energy use. A new registry mandates miners to register with the Federal Tax Service, with individuals allowed up to 6,000 kWh monthly before requiring entrepreneur status. Laws signed in late 2024 define mining terms and restrict foreign nationals from mining, though full legalization remains unclear. Energy restrictions and sanctions have further complicated the landscape, with some exchanges limiting services to Russians. Despite hurdles, institutional interest in DeFi is growing.
about Russia Tightens Crypto Mining Regulations to Curb Tax EvasionChina Dumps $8B in US Treasuries, Shifts to Gold
China has significantly reduced its US Treasury holdings, dropping to $757.2 billion in April 2025—the lowest since 2009. The sell-off is part of a broader financial strategy, as China aggressively accumulates gold, doubling its share in reserves since 2022. Analysts suggest this reflects growing skepticism about the dollar’s dominance, with gold increasingly seen as a reserve asset. The US dollar index has declined over 15% since 2022, fueling debates about its future as the world’s primary reserve currency. Experts like Nassim Taleb argue gold has already replaced the dollar in practice, as nations diversify away from USD exposure.
about China Dumps $8B in US Treasuries, Shifts to Gold